People are often confused about what PIP is, whose insurance company pays out the benefits in the event of an accident, and what is meant by Florida being a “no-fault” State. As a local personal injury lawyer, here are the facts:

• PIP stands for Personal Injury Protection and under Florida law it is required that every vehicle owner and driver on the road have $10,000 worth of PIP insurance coverage.
• PIP benefits are paid by your own insurance company if you are in an accident.
• PIP benefits are paid by your own insurance company regardless of who was at fault for the accident. This is what is meant by Florida being a no-fault insurance State.
• PIP insurance pays for 80% of your medical bills and 60% of your lost wages, up to $10,000. This means, you have to recover the rest of your out of pocket expenses from the driver that caused the accident.
• PIP covers any accident or injury that involves a vehicle, even if you are on a bicycle or a pedestrian and are injured by a vehicle.